Transocean (NYSE:RIG) Must Turn Over Records Says Barbier

Filed in BP, Carl Barbier, gulf of mexico, o, silver, transocean by on December 20, 2010 0 Comments

Transocean (NYSE:RIG) has been ordered by U.S. District Judge Carl Barbier to turn over safety records that encompass other rigs they had in the Gulf of Mexico at the time of the explosion of the Deepwater Horizon oil rig it had been leasing to BP (NYSE:BP).In the early part of November, Transocean, which had been resisting pressure to turn over the documents concerning other rigs in the region,

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Transocean (NYSE:RIG) Talking with Shell (NYSE:RDS-A), Anadarko (NYSE:APC), BHP (NYSE:BHP Over Force Majeure

Transocean (NYSE:RIG), which owned the Deepwater Horizon oil rig which was operated by BP (NYSE:BP) at the time of the explosion in the Gulf of Mexico, is in talks with Shell (NYSE:RDS-A), Anadarko (NYSE:APC), BHP (NYSE:BHP over force majeure, or otherwise known as ‘Acts of God,’ as the Obama administration refuses to allow any new permits in the region. Although the Obama administration has

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BHP (NYSE:BHP) Gets Approval to Drill in Gulf of Mexico

Filed in bhp billiton, BP, o, obama, Oil Moratorium, silver, transocean by on November 11, 2010 0 Comments

The Bureau of Ocean Energy Management, Regulation and Enforcement has granted BHP Billiton (NYSE:BHP) the right to drill in the deep waters of the Gulf of Mexico.Regulators gave the go ahead for BHP to dwell a water injection well in the Green Canyon region of the Gulf. Water injection wells weren’t included under the oil moratorium imposed by the Obama administration, and were approved for

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